New wire fraud scam targets your direct deposit info paycheck

Around two or three times per month, KVC Health Systems, a mid-sized non-profit agency for child welfare based in Kansas City, receives phishing emails from criminals with the goal of re-routing an employee’s paycheck by direct deposit. The emails look legitimate at first, as though they come from the CEO, CFO or payroll director. “They might just say, ‘I need to update my direct deposit information,'” said Erik Nyberg, director of information technology at KVC. KVC has had a few near-misses, Ny


Around two or three times per month, KVC Health Systems, a mid-sized non-profit agency for child welfare based in Kansas City, receives phishing emails from criminals with the goal of re-routing an employee’s paycheck by direct deposit. The emails look legitimate at first, as though they come from the CEO, CFO or payroll director. “They might just say, ‘I need to update my direct deposit information,'” said Erik Nyberg, director of information technology at KVC. KVC has had a few near-misses, Ny
New wire fraud scam targets your direct deposit info paycheck Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-09  Authors: kate fazzini
Keywords: news, cnbc, companies, fraud, deposit, paychecks, paycheck, phishing, version, targets, emails, wire, information, stolen, payroll, scam, direct, kvc, info


New wire fraud scam targets your direct deposit info paycheck

Around two or three times per month, KVC Health Systems, a mid-sized non-profit agency for child welfare based in Kansas City, receives phishing emails from criminals with the goal of re-routing an employee’s paycheck by direct deposit.

The emails look legitimate at first, as though they come from the CEO, CFO or payroll director.

“They might just say, ‘I need to update my direct deposit information,'” said Erik Nyberg, director of information technology at KVC. “Or they start with, ‘Hey, do you have a second?’ and if that target person responds, then they go from there.”

The fake emails defy many existing controls for malicious communications, he said. They are usually well-written, cordial and lack the misspellings, grammar mistakes and exclamation points that would trigger many popular email filters that search for spam or phishing attempts.

The scammer is trying to convince human resources personnel to change the bank account and routing information the employee uses to have paychecks direct-deposited. Once routed to the criminal’s account, the company is on the hook for replacing the stolen funds and the employee faces the inconvenience of a late paycheck. KVC has had a few near-misses, Nyberg said, but has not transferred any paychecks to scammers.

It’s a new version of wire fraud scams that have devastated businesses in recent years, and a more focused version of a series of payroll fraud crimes that the Internal Revenue Service warned late last year were on the rise. The fraud is growing, experts said, because it easily bypasses many existing technical controls, and the small sums stolen are inoffensive enough that they can be folded into the cost of doing business.


Company: cnbc, Activity: cnbc, Date: 2019-04-09  Authors: kate fazzini
Keywords: news, cnbc, companies, fraud, deposit, paychecks, paycheck, phishing, version, targets, emails, wire, information, stolen, payroll, scam, direct, kvc, info


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New wire fraud scam targets your direct deposit info paycheck

Around two or three times per month, KVC Health Systems, a midsize nonprofit agency for child welfare based in Kansas City, receives phishing emails from criminals with the goal of rerouting an employee’s paycheck by direct deposit. The emails look legitimate at first, as though they come from the CEO, CFO or payroll director. “They might just say, ‘I need to update my direct deposit information,'” said Erik Nyberg, director of information technology at KVC. KVC has had a few near misses, Nyberg


Around two or three times per month, KVC Health Systems, a midsize nonprofit agency for child welfare based in Kansas City, receives phishing emails from criminals with the goal of rerouting an employee’s paycheck by direct deposit. The emails look legitimate at first, as though they come from the CEO, CFO or payroll director. “They might just say, ‘I need to update my direct deposit information,'” said Erik Nyberg, director of information technology at KVC. KVC has had a few near misses, Nyberg
New wire fraud scam targets your direct deposit info paycheck Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-09  Authors: kate fazzini
Keywords: news, cnbc, companies, wire, info, deposit, targets, version, phishing, paychecks, fraud, direct, kvc, stolen, emails, payroll, scam, information, paycheck


New wire fraud scam targets your direct deposit info paycheck

Around two or three times per month, KVC Health Systems, a midsize nonprofit agency for child welfare based in Kansas City, receives phishing emails from criminals with the goal of rerouting an employee’s paycheck by direct deposit.

The emails look legitimate at first, as though they come from the CEO, CFO or payroll director.

“They might just say, ‘I need to update my direct deposit information,'” said Erik Nyberg, director of information technology at KVC. “Or they start with, ‘Hey, do you have a second?’ and if that target person responds, then they go from there.”

The fake emails defy many existing controls for malicious communications, he said. They are usually well written, cordial and lack the misspellings, grammar mistakes and exclamation points that would trigger many popular email filters that search for spam or phishing attempts.

The scammer is trying to convince human resources personnel to change the bank account and routing information the employee uses to have paychecks direct-deposited. Once routed to the criminal’s account, the company is on the hook for replacing the stolen funds and the employee faces the inconvenience of a late paycheck. KVC has had a few near misses, Nyberg said, but has not transferred any paychecks to scammers.

It’s a new version of wire fraud scams that have devastated businesses in recent years, and a more focused version of a series of payroll fraud crimes that the IRS warned late last year were on the rise. The fraud is growing, experts said, because it easily bypasses many existing technical controls, and the small sums stolen are inoffensive enough that they can be folded into the cost of doing business.


Company: cnbc, Activity: cnbc, Date: 2019-04-09  Authors: kate fazzini
Keywords: news, cnbc, companies, wire, info, deposit, targets, version, phishing, paychecks, fraud, direct, kvc, stolen, emails, payroll, scam, information, paycheck


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Daimler takes majority stake in US robotics firm as it targets autonomous truck market

German automaker Daimler, the sales leader of Class 8 tractor-trailer semis, is taking a majority ownership stake in U.S. autonomous vehicle technology firm Torc Robotics, Daimler said Friday. Torc Robotics is one of several firms developing and road testing technology for autonomous trucks. Embark and self-driving truck company TuSimple have drawn plenty of attention and venture capital money as they develop autonomous semis. “With the ever rising demand for road transportation, not the least t


German automaker Daimler, the sales leader of Class 8 tractor-trailer semis, is taking a majority ownership stake in U.S. autonomous vehicle technology firm Torc Robotics, Daimler said Friday. Torc Robotics is one of several firms developing and road testing technology for autonomous trucks. Embark and self-driving truck company TuSimple have drawn plenty of attention and venture capital money as they develop autonomous semis. “With the ever rising demand for road transportation, not the least t
Daimler takes majority stake in US robotics firm as it targets autonomous truck market Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-29  Authors: phil lebeau, torc robotics
Keywords: news, cnbc, companies, autonomous, technology, virginia, selfdriving, daimler, robotics, targets, truck, takes, vehicle, majority, stake, company, torc, market, firm, trucks


Daimler takes majority stake in US robotics firm as it targets autonomous truck market

German automaker Daimler, the sales leader of Class 8 tractor-trailer semis, is taking a majority ownership stake in U.S. autonomous vehicle technology firm Torc Robotics, Daimler said Friday.

Neither company will disclose how much Daimler plans to invest or what percentage of Torc the German company will own.

“Torc takes a practical approach to commercialization and offers advanced, road-ready technology, plus years of experience in heavy vehicles,” said Roger Nielsen, CEO of Daimler Trucks North America, in a statement announcing the deal.

Torc Robotics is one of several firms developing and road testing technology for autonomous trucks. Embark and self-driving truck company TuSimple have drawn plenty of attention and venture capital money as they develop autonomous semis.

Torc, based in Blacksburg, Virginia, was co-founded in 2005 by CEO Michael Fleming who had entered robotic competitions while studying at Virginia Tech. Fourteen years later, Fleming’s company is considered by many to be a leader in the rapidly growing field of autonomous vehicles.

In a statement announcing Daimler’s investment, Fleming said the U.S. will be a primary target for putting self-driving semi’s on highways.

“With the ever rising demand for road transportation, not the least through e-commerce, there is a strong business case for self-driving trucks in the U.S. market,” he said. The trucking industry has become a focus of autonomous vehicle development due to several factors including the shortage of truck drivers.


Company: cnbc, Activity: cnbc, Date: 2019-03-29  Authors: phil lebeau, torc robotics
Keywords: news, cnbc, companies, autonomous, technology, virginia, selfdriving, daimler, robotics, targets, truck, takes, vehicle, majority, stake, company, torc, market, firm, trucks


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Here’s what investors need to know about the political calls for big tech regulation

Here’s what investors need to know about the political calls for big tech regulation4 Hours AgoFacebook is making some big changes on how it targets ads to users in the face of anger from both sides of the political aisle. Gene Munster, founder and managing partner of Loup Ventures, and Ed Lee, New York Times media reporter, join “Squawk Box” to discuss the regulations facing the tech industry.


Here’s what investors need to know about the political calls for big tech regulation4 Hours AgoFacebook is making some big changes on how it targets ads to users in the face of anger from both sides of the political aisle. Gene Munster, founder and managing partner of Loup Ventures, and Ed Lee, New York Times media reporter, join “Squawk Box” to discuss the regulations facing the tech industry.
Here’s what investors need to know about the political calls for big tech regulation Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-20
Keywords: news, cnbc, companies, calls, heres, regulation, investors, tech, times, targets, users, ventures, squawk, know, york, need, sides, political, big


Here's what investors need to know about the political calls for big tech regulation

Here’s what investors need to know about the political calls for big tech regulation

4 Hours Ago

Facebook is making some big changes on how it targets ads to users in the face of anger from both sides of the political aisle. Gene Munster, founder and managing partner of Loup Ventures, and Ed Lee, New York Times media reporter, join “Squawk Box” to discuss the regulations facing the tech industry.


Company: cnbc, Activity: cnbc, Date: 2019-03-20
Keywords: news, cnbc, companies, calls, heres, regulation, investors, tech, times, targets, users, ventures, squawk, know, york, need, sides, political, big


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Facebook to change its ad-targeting options to prevent discrimination

Facebook to change its ad-targeting options to prevent discrimination5 Hours AgoFacebook is making some big changes on how it targets ads to users in face of anger from both sides of the political aisle. CNBC’s Julia Boorstin reports.


Facebook to change its ad-targeting options to prevent discrimination5 Hours AgoFacebook is making some big changes on how it targets ads to users in face of anger from both sides of the political aisle. CNBC’s Julia Boorstin reports.
Facebook to change its ad-targeting options to prevent discrimination Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-20
Keywords: news, cnbc, companies, discrimination, making, hours, options, targets, prevent, change, users, reports, facebook, julia, adtargeting, sides, political


Facebook to change its ad-targeting options to prevent discrimination

Facebook to change its ad-targeting options to prevent discrimination

5 Hours Ago

Facebook is making some big changes on how it targets ads to users in face of anger from both sides of the political aisle. CNBC’s Julia Boorstin reports.


Company: cnbc, Activity: cnbc, Date: 2019-03-20
Keywords: news, cnbc, companies, discrimination, making, hours, options, targets, prevent, change, users, reports, facebook, julia, adtargeting, sides, political


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Online retailer ASOS hit by teething problems at US warehouse

British online retailer ASOS said its new warehouse in Atlanta, United States, struggled to cope with demand in its second quarter, resulting in a dip in U.S. sales and adding to challenges in the French and German markets. “These delayed shipments will be recognised in (quarter three) and U.S. trading is now regaining momentum,” he said on Tuesday. “We will be increasing investment in price and marketing in the second half, particularly in France and Germany,” he said. “Given the actions we are


British online retailer ASOS said its new warehouse in Atlanta, United States, struggled to cope with demand in its second quarter, resulting in a dip in U.S. sales and adding to challenges in the French and German markets. “These delayed shipments will be recognised in (quarter three) and U.S. trading is now regaining momentum,” he said on Tuesday. “We will be increasing investment in price and marketing in the second half, particularly in France and Germany,” he said. “Given the actions we are
Online retailer ASOS hit by teething problems at US warehouse Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-19  Authors: bloomberg, getty images
Keywords: news, cnbc, companies, online, group, growth, retailer, asos, trading, performance, warehouse, teething, hit, million, germany, problems, sales, second, targets, quarter


Online retailer ASOS hit by teething problems at US warehouse

British online retailer ASOS said its new warehouse in Atlanta, United States, struggled to cope with demand in its second quarter, resulting in a dip in U.S. sales and adding to challenges in the French and German markets.

Chief Executive Nick Beighton said the company’s U.S performance was behind plan because higher-than-expected demand at its new facility caused a significant short-term despatch backlog, which had now been cleared.

“These delayed shipments will be recognised in (quarter three) and U.S. trading is now regaining momentum,” he said on Tuesday.

Beighton said ASOS, which targets style-conscious twenty-somethings, continued to outperform in Britain, with sales growth of 14 percent in the quarter, but its two biggest markets in continental Europe – France and Germany – continued to be challenging.

“We will be increasing investment in price and marketing in the second half, particularly in France and Germany,” he said. “Given the actions we are taking together with an improving U.S. performance, we believe the group will deliver stronger growth in the second half.”

He said he was confident the group would meet the full-year targets it lowered in December, when it cut its sales growth forecast to 15 percent and its earnings before interest and tax (EBIT) margin target for the year to around 2 percent, blaming a poorly executed Black Friday promotional campaign.

ASOS reported total retail sales up 11 percent in constant currency to 641.3 million pounds ($850.4 million) in the quarter to February 28.

The retailer’s shares were trading 5.3 percent lower on Tuesday morning.


Company: cnbc, Activity: cnbc, Date: 2019-03-19  Authors: bloomberg, getty images
Keywords: news, cnbc, companies, online, group, growth, retailer, asos, trading, performance, warehouse, teething, hit, million, germany, problems, sales, second, targets, quarter


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Generali beats 2018 targets despite ‘challenging’ Italian market, raises dividend

“But when people do not invest because the economy is not growing, the life insurance business and asset management is growing.” Donnet also claimed that Generali’s 59 billion euros in Italian BTPs was not a concern to investors. Generali has reserved up to 4 billion euros for acquisitions and growth as it looks to asset management and high-margin business in Latin America and Asia. Clarification: This story has been updated to reflect that Donnet claimed that Generali’s 59 billion euros in Ital


“But when people do not invest because the economy is not growing, the life insurance business and asset management is growing.” Donnet also claimed that Generali’s 59 billion euros in Italian BTPs was not a concern to investors. Generali has reserved up to 4 billion euros for acquisitions and growth as it looks to asset management and high-margin business in Latin America and Asia. Clarification: This story has been updated to reflect that Donnet claimed that Generali’s 59 billion euros in Ital
Generali beats 2018 targets despite ‘challenging’ Italian market, raises dividend Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-14  Authors: reuters with cnbccom, pier marco tacca, getty images
Keywords: news, cnbc, companies, management, euros, despite, 2018, generalis, growing, targets, dividend, billion, market, business, beats, reflect, raises, generali, challenging, btps, economy, italian


Generali beats 2018 targets despite 'challenging' Italian market, raises dividend

Europe’s third-largest insurer said it would pay a dividend of 0.90 euros per share, up from the previous year’s 0.85 euros.

When it came to a potential European slowdown in 2019, however, Donnet said Generali was not concerned. He explained that people sought out the solutions Generali provided whether the economy was booming or lagging.

“Our business is very resilient, because when people do invest and the economy is growing, the property and casualty business is growing,” he said. “But when people do not invest because the economy is not growing, the life insurance business and asset management is growing.”

However he noted heavy competition in its domestic market, especially with motor insurance, adding that it was “challenging.”

“In Italy and France, by the way, we had to face very important claims … which obviously had a significant impact on the operating result,” he added.

Donnet also claimed that Generali’s 59 billion euros in Italian BTPs was not a concern to investors.

“(Investors) do not struggle any more on this — we have demonstrated that we have a strong capital position. We have further increased our solvency ratio by 9 percentage points, so our exposure to BTPs is no longer an issue,” he told CNBC.

Generali has reserved up to 4 billion euros for acquisitions and growth as it looks to asset management and high-margin business in Latin America and Asia.

Clarification: This story has been updated to reflect that Donnet claimed that Generali’s 59 billion euros in Italian BTPs was not a concern to investors. The headline has also been changed on this story to more accurately reflect Generali’s earnings release.


Company: cnbc, Activity: cnbc, Date: 2019-03-14  Authors: reuters with cnbccom, pier marco tacca, getty images
Keywords: news, cnbc, companies, management, euros, despite, 2018, generalis, growing, targets, dividend, billion, market, business, beats, reflect, raises, generali, challenging, btps, economy, italian


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France targets Google, Amazon and Facebook with 3% digital tax

The French tax alone would represent just a sliver of the revenues of American tech giants. But it could pave the way for further regulation of U.S. tech companies in Europe, including an EU-wide digital tax. The Organization for Economic Cooperation and Development (OECD) is currently examining a global digital tax but has said it won’t come to a conclusion until 2020. France’s Le Maire has been an outspoken proponent of a digital tax, arguing Google, Amazon and Facebook benefit from lower tax


The French tax alone would represent just a sliver of the revenues of American tech giants. But it could pave the way for further regulation of U.S. tech companies in Europe, including an EU-wide digital tax. The Organization for Economic Cooperation and Development (OECD) is currently examining a global digital tax but has said it won’t come to a conclusion until 2020. France’s Le Maire has been an outspoken proponent of a digital tax, arguing Google, Amazon and Facebook benefit from lower tax
France targets Google, Amazon and Facebook with 3% digital tax Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-06  Authors: elizabeth schulze, eric peirmont, afp, getty images, sopa images, contributor
Keywords: news, cnbc, companies, digital, regulation, tax, facebook, amazon, google, french, companies, revenues, minister, targets, oecd, tech, france, roughly


France targets Google, Amazon and Facebook with 3% digital tax

The French government on Wednesday introduced a tax aimed at internet giants like Google, Amazon and Facebook, forging ahead with stricter regulation on big tech without broad-based support from the European Union.

The 3 percent tax will apply to the French revenues of roughly 30 major companies, mostly from the U.S.

France’s Finance Minister Bruno Le Maire estimated the tax will raise roughly 500 million euros ($565 million) per year.

The French tax alone would represent just a sliver of the revenues of American tech giants. But it could pave the way for further regulation of U.S. tech companies in Europe, including an EU-wide digital tax.

An EU-backed effort to pass a 3 percent tax on the revenues of big internet companies failed last year amid concerns from countries including Ireland and Germany, who feared retaliation from the U.S. The Organization for Economic Cooperation and Development (OECD) is currently examining a global digital tax but has said it won’t come to a conclusion until 2020.

France’s Le Maire has been an outspoken proponent of a digital tax, arguing Google, Amazon and Facebook benefit from lower tax rates than European companies. The French minister has said France would withdraw its own tax once the OECD reaches an agreement.


Company: cnbc, Activity: cnbc, Date: 2019-03-06  Authors: elizabeth schulze, eric peirmont, afp, getty images, sopa images, contributor
Keywords: news, cnbc, companies, digital, regulation, tax, facebook, amazon, google, french, companies, revenues, minister, targets, oecd, tech, france, roughly


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Kraft Heinz lawsuit targets 3G stock transfer, writedown, SEC probe

Kraft Heinz’s stock plunge erased more than $16 billion of market value. The Brazilian private equity firm said none of the shares sold related to 3G partners’ original Kraft Heinz stake. Kraft Heinz and 3G did not immediately respond on Thursday to requests for comment. Buffett told CNBC on Monday the market reacted “probably quite properly” to Kraft Heinz’s news. The case is Walling v Kraft Heinz Co et al, U.S. District Court, Western District of Pennsylvania, No.


Kraft Heinz’s stock plunge erased more than $16 billion of market value. The Brazilian private equity firm said none of the shares sold related to 3G partners’ original Kraft Heinz stake. Kraft Heinz and 3G did not immediately respond on Thursday to requests for comment. Buffett told CNBC on Monday the market reacted “probably quite properly” to Kraft Heinz’s news. The case is Walling v Kraft Heinz Co et al, U.S. District Court, Western District of Pennsylvania, No.
Kraft Heinz lawsuit targets 3G stock transfer, writedown, SEC probe Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-01  Authors: tiffany hagler-geard, bloomberg, getty images
Keywords: news, cnbc, companies, stock, walling, writedown, 3g, shareholder, kraft, company, lawsuit, heinz, billion, probe, transfer, heinzs, sec, targets


Kraft Heinz lawsuit targets 3G stock transfer, writedown, SEC probe

Kraft Heinz faces a new lawsuit questioning why controlling shareholder 3G Capital transferred $1.23 billion of stock six months before the processed foods company stunned investors with a huge writedown and other bad news.

The proposed class-action lawsuit made public on Wednesday is among the first accusing Kraft Heinz, whose other controlling shareholder is Warren Buffett’s Berkshire Hathaway, of defrauding shareholders about its business prospects.

Kraft Heinz’s share price sank 27.5 percent on Feb. 22 after the company took a $15.4 billion writedown on its Kraft and Oscar Mayer brands and Canadian assets, as consumers shifted to healthier and fresher alternatives or private-label products.

The company, headquartered in both Chicago and Pittsburgh, also slashed its dividend and announced a U.S. Securities and Exchange Commission accounting probe. Kraft Heinz’s stock plunge erased more than $16 billion of market value.

In his damages complaint, shareholder Steve Walling accused Kraft Heinz, Chief Executive Bernardo Hees, 3G and others of concealing damage to Kraft Heinz’s iconic brands and internal controls, including from 3G’s signature belt-tightening.

Walling also said the defendants had been “motivated” to engage in improper conduct to allow 3G to “sell” $1.23 billion of stock last August at artificially inflated prices. The complaint was filed in the federal court in Pittsburgh.

In an Aug. 7 regulatory filing, 3G said an affiliate had transferred 20.63 million Kraft Heinz shares worth $59.83 each to an entity called HK3 18 LP.

The Brazilian private equity firm said none of the shares sold related to 3G partners’ original Kraft Heinz stake.

Hees told Reuters in a Sept. 7, 2018 interview that the transfer was made on behalf of institutional investors that had a “window to liquidity” and were exiting a 3G fund.

“It’s not 3G, as we know 3G,” he said. “We are very optimistic about the profile of what the investment can be for the long run.”

Kraft Heinz and 3G did not immediately respond on Thursday to requests for comment. Robbins Geller Rudman & Dowd, a law firm representing Walling, did not respond to similar requests.

Berkshire and Buffett are not defendants. Buffett told CNBC on Monday the market reacted “probably quite properly” to Kraft Heinz’s news.

Shareholder lawsuits are common after unexpected bad news hurts a company’s stock price. They are often combined into a single lawsuit near where the company is based.

The case is Walling v Kraft Heinz Co et al, U.S. District Court, Western District of Pennsylvania, No. 19-00214.


Company: cnbc, Activity: cnbc, Date: 2019-03-01  Authors: tiffany hagler-geard, bloomberg, getty images
Keywords: news, cnbc, companies, stock, walling, writedown, 3g, shareholder, kraft, company, lawsuit, heinz, billion, probe, transfer, heinzs, sec, targets


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After Putin’s warning, Russian TV lists nuclear targets in US

The report, unusual even by the sometimes bellicose standards of Russian state TV, was broadcast on Sunday evening, days after President Vladimir Putin said Moscow was militarily ready for a “Cuban Missile”-style crisis if the United States wanted one. With tensions rising over Russian fears that the United States might deploy intermediate-range nuclear missiles in Europe as a Cold War-era arms-control treaty unravels, Putin has said Russia would be forced to respond by placing hypersonic nuclea


The report, unusual even by the sometimes bellicose standards of Russian state TV, was broadcast on Sunday evening, days after President Vladimir Putin said Moscow was militarily ready for a “Cuban Missile”-style crisis if the United States wanted one. With tensions rising over Russian fears that the United States might deploy intermediate-range nuclear missiles in Europe as a Cold War-era arms-control treaty unravels, Putin has said Russia would be forced to respond by placing hypersonic nuclea
After Putin’s warning, Russian TV lists nuclear targets in US Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-25  Authors: andrey rudokov, bloomberg, getty images
Keywords: news, cnbc, companies, russian, nuclear, russia, state, united, states, putins, tv, lists, targets, missiles, military, moscow, warning


After Putin's warning, Russian TV lists nuclear targets in US

Russian state television has listed U.S. military facilities that Moscow would target in the event of a nuclear strike, and said that a hypersonic missile Russia is developing would be able to hit them in less than five minutes.

The targets included the Pentagon and the presidential retreat in Camp David, Maryland.

The report, unusual even by the sometimes bellicose standards of Russian state TV, was broadcast on Sunday evening, days after President Vladimir Putin said Moscow was militarily ready for a “Cuban Missile”-style crisis if the United States wanted one.

With tensions rising over Russian fears that the United States might deploy intermediate-range nuclear missiles in Europe as a Cold War-era arms-control treaty unravels, Putin has said Russia would be forced to respond by placing hypersonic nuclear missiles on submarines near U.S. waters.

The United States says it has no immediate plans to deploy such missiles in Europe and has dismissed Putin’s warnings as disingenuous propaganda. It does not currently have ground-based intermediate-range nuclear missiles that it could place in Europe.

However, its decision to quit the 1987 Intermediate-range Nuclear Forces (INF) Treaty over an alleged Russian violation, something Moscow denies, has freed it to start developing and deploying such missiles.

Putin has said Russia does not want a new arms race, but has also dialed up his military rhetoric.

Some analysts have seen his approach as a tactic to try to re-engage the United States in talks about the strategic balance between the two powers, something Moscow has long pushed for, with mixed results.

In the Sunday evening broadcast, Dmitry Kiselyov, presenter of Russia’s main weekly TV news show ‘Vesti Nedeli’, showed a map of the United States and identified several targets he said Moscow would want to hit in the event of a nuclear war.

The targets, which Kiselyov described as U.S. presidential or military command centres, also included Fort Ritchie, a military training center in Maryland closed in 1998, McClellan, a U.S. Air Force base in California closed in 2001, and Jim Creek, a naval communications base in Washington state.

Kiselyov, who is close to the Kremlin, said the “Tsirkon” (‘Zircon’) hypersonic missile that Russia is developing could hit the targets in less than five minutes if launched from Russian submarines. Hypersonic flight is generally taken to mean travelling through the atmosphere at more than five times the speed of sound.

“For now, we’re not threatening anyone, but if such a deployment takes place, our response will be instant,” he said.

Kiselyov is one of the main conduits of state television’s strongly anti-American tone, once saying Moscow could turn the United States into radioactive ash.

Asked to comment on Kiselyov’s report, the Kremlin said on Monday it did not interfere in state TV’s editorial policy.


Company: cnbc, Activity: cnbc, Date: 2019-02-25  Authors: andrey rudokov, bloomberg, getty images
Keywords: news, cnbc, companies, russian, nuclear, russia, state, united, states, putins, tv, lists, targets, missiles, military, moscow, warning


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